P2P Solar Energy Trading Platforms in India: New Opportunity
Explore the emerging business opportunity of peer-to-peer solar energy trading platforms in India, including market opportunity, target customer, revenue model, and growth levers. Introduction The Indian government has set ambitious targets to increase the share of renewable energy in the country's energy mix. Solar energy, in particular, has been identified as a key area of focus, with plans to achieve 100 GW of solar power capacity by 2022. This has led to a surge in the adoption of rooftop solar installations, creating a new business opportunity in peer-to-peer (P2P) solar energy trading platforms. Market Opportunity The market opportunity for P2P solar energy trading platforms in India is significant. With over 10 million households in India having installed rooftop solar systems, the potential for energy trading is vast. According to a report by the International Energy Agency (IEA), the global P2P energy trading market is expected to grow to $1.5 billion by 2025, with India...